Data Center and Managed Services Provider DataBank Acquires Colocation and Cloud Services Provider LightBound
December 27, 2018
Data center and managed services provider DataBank, Ltd. (DataBank) has acquired colocation and cloud services provider LightBound. DataBank, which has headquarters in Dallas, Texas, United States, was established in 2005. The company bills itself as “a leading provider of enterprise-class data center, cloud solutions, interconnectivity, and managed services”. It prides itself on offering companies “100% uptime availability of data, applications and infrastructure” and helping customers manage risk and enhance the performance of their technology. Its PCI DSS, HIPAA HITECH, FISMA, FedRAMP, and SSAE 18-compliant services extend to cloud migration, AWS services, Infrastructure-as-a-Service, Platform-as-a-Service, disaster recovery and DDoS protection. DataBank’s acquisition of LightBound adds 73,000 square feet of colocation space to its capacity.
LightBound, which has headquarters in Indianapolis, Indiana, United States, was established in 1992. The company provides a number of Internet, data center, voice over IP services. Alongside data center colocation and cloud offerings these services include hosted VoIP and IaaS services. The company operates 17 data centers in 9 US markets with “24x7x365 support from a staffed Network Operations Center (NOC)” that has helped the company maintain one of the highest Net Promoter Scores in the technology industry. LightBound will also add “9.5MW of installed UPS power to the DataBank portfolio”. Financial aspects of the deal were not released.
“We are excited about expanding our presence to the Indianapolis market,” explained DataBank’s CEO Raul K. Martynek in a statement. “LightBound has built a fantastic customer service reputation in the region as a trusted infrastructure provider. We look forward to combining LightBound’s strength in colocation, connectivity and managed services with DataBank’s broad product offering and national footprint.”
“Joining DataBank is an outstanding opportunity for LightBound, its employees and customers,” added LightBound’s CEO, Jack Carr. “DataBank’s customer-centric approach is the reason we choose to combine with their team and be able to expand our offering and geographic footprint.” Jack Carr will continue with DataBank and lead efforts to expand the customer base and data center portfolio in the Indianapolis market.
Do you know of any other companies involved in acquisitions? Let us know the details. Add your comments below.